A Flowchart That Depicts the Relationships Among the Input,processing,and Output

question 4

Multiple Choice

A flowchart that depicts the relationships among the input,processing,and output of an AIS is

• A)an internal control flowchart.
• B)a document flowchart.
• C)a system flowchart.
• D)a program flowchart.

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Definitions:

Operating Expenses

Regular costs incurred in the operation of a business, such as wages, utilities, and rent, excluding cost of goods sold.

Service Company

A business entity that provides services to individuals or other businesses, rather than producing goods.

Gross Profit

The financial metric calculated as sales revenue minus cost of goods sold (COGS), indicating the core profitability of a company's operations.

Freight Terms

Conditions in a shipping agreement that define the responsibilities of buyers and sellers, including who pays for shipping, insurance, and other costs.